Why is ORA.PA (Orange) my largest holding?
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- Operates in 27 countries, primarily providing telecom services, but recently also pushing cross-selling in the broadcasting, landline, and internet areas
- Strongly positioned in the European and North African 5G race, currently providing the fastest available network in Romania and France (according to speedtest.net)
- Is well adapted to the changing demographic, with services like Orange YOXO, through its partnership with NFLX (Netflix, Inc) and its acquisition of SecureLink/SecureData
๐ฉ ๐ ๐ข๐ง๐๐ง๐๐ข๐๐ฅ๐ฌ ๐๐ง๐ ๐ ๐ฎ๐ง๐๐๐ฆ๐๐ง๐ญ๐๐ฅ๐ฌ
- 10.06 P/E ratio ( VOD (Vodafone Group) โ 17.86, TMUS(T-Mobile US) โ 52.05)
- 0.625 P/S ratio( VOD (Vodafone Group) โย 1.094, TMUS(T-Mobile US) โ ย 2.081)
- Significant upside potential in analyst estimates – High dividend yield
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- Partnership with NOK (Nokia Oyj) for developing 6G ๐
- Orange Money, a service offering the convenience of PYPL (PayPal Holdings) or Revolut, but also including various financing options, could drive revenue in the following years
- Can monetize existing infrastructure and assets
Given all of the above, I expect the stock to at least recover to the 14-16 EUR range in which it stayed consistently in the 2014-2019 timeframe (a 40%+ upside ๐)
Any thoughts and ideas are welcome in the Latex-enabled comment section below.